In this chapter, we’ll talk about when you should start saving for your child’s college education and what you can do to get started. Saving for college for your child is a big step in planning for your financial future, so we’ll cover everything from your available options for saving for college to getting a financial advisor involved. This chapter will help parents save by talking about what college savings options are available, including 529 plans, ESAs, and UGMA/UTMA accounts. We’ll also discuss when you should start saving, how to start a college fund, when you might consider getting a financial advisor involved, and other college saving tips to help parents who are taking on this major life goal. What Are the College Savings Options Available? When Is the Best Time to Start Saving? Get a Financial Advisor Involved in Plan 5 College Savings Tips for Parents What Are the College Savings Options Available? Before you can start saving for a child’s college education, you n
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